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<br />o not wrlte/type above this !lne. For flUng purposes only.
<br />R�� � �r FORM 5011 (E2009) • ��
<br />RETURN TO Farm Credit Services of America, PO Box 5080 Alcorn Echo A �p �
<br />PREPARER: Grand Island, NE 68802 (308) �84-0557
<br />HOMESTEAD DESIGNATION WAIVER
<br />In accordance with the provisions of the Nebraska Farm Homestead Protection Act, Neb. Rev. Stat.
<br />Sections 76-1901, et. seq., as a preface to the execution, and as a part of the following Trust Deed, the
<br />undersigned Trustor(s) being first duly sworn, elects to Waive the Right to Designate a Homestead.
<br />I/We understand that I/we have the right to make a designation of homestead in the following Trust
<br />Deed. The execution of this Waiver constitutes a waiver of rights otherwise available to me/us for the
<br />purpose of affording me/us the opportunity to retain my/our homestead in the event of a default upon
<br />the Trust Deed.
<br />Farm Credit ServPces of America
<br />TRUST DEED AND ASSIGNMENT OF RENTS
<br />Trustor(s):
<br />Rodney E Clausen and Pamela A Clausen, husband and wife
<br />Mailing Address:
<br />4245 New York Ave
<br />Grand Island, NE 68803-1405
<br />This Trust Deed and Assignment of Rents is made April 15, 2011, by and among the above named
<br />Trustor(s) and AgriBank, FCB, "Trustee," whose mailing address is PO Box 64949, St. Paul, Minnesota
<br />55164-0940, and Farm Credit Services of America. FLCA, "Beneficiary," whose mailing address is PO
<br />Box 2409, Omaha, NE 68103, in consideration of the advance by Beneficiary of the principal sum
<br />specified below, the receipt of which is hereby acknowledged, Trustor(s) irrevocably transfers, conveys
<br />and assigns to Trustee, IN TRUST, WITH POWER OF SALE, for the benefit and security of
<br />Beneficiary, its successors and assigns, under and subject to the terms and conditions of this
<br />Trust Deed, the property, located in Hall. Howard County(ies), State of Nebraska, and described as
<br />follows:
<br />Parcel A:
<br />The Northeast Quarter (NE 1/4) of Section Three (3), Township Twelve (12) North, Range Twelve (12)
<br />West of the 6th P.M., Hall County, Nebraska, excepting therefrom the Southerly 20 Acres of said
<br />Northeast Quarter, and also excepting a certain tract as shown in Warranty Deed in the Register of
<br />Deeds Offices in Book 8, Page 280, more particularly described as: Commencing at a point 8 chains
<br />and 17 links North of the Quarter corner common to Sections Two (2) and Three (3), Township Twelve
<br />(12) North, Range Twelve (12), West of the 6th P.M.; thence North 26°30' West 1 chain; thence North
<br />20 chains and 58 links to the North line of said Section Three (3), being a strip of uniform width of Sixty-
<br />six (66) feet.
<br />Parcel B:
<br />The South Half of the Northeast Quarter (S 1/2 NE 1/4) and the Northeast Quarter of the Northeast
<br />Quarter (NE 1/4 NE 1/4) of Section Thirty-six (36), Township Fourteen (14) North, Range Eleven (11),
<br />West of the 6th P.M., Howard County, Nebraska.
<br />This document is executed in 2 counterparts to facilitate recording in multiple counties but shall be
<br />deemed to be one document.
<br />together with all Trustor's right, title, and interest in the property, now or hereafter acquired, including:
<br />all buildings, fixtures, timber, timber to be cut, crops, and improvements now on or hereafter placed
<br />upon the property; all appurtenances, water, water rights, irrigation, and drainage rights; all rents,
<br />issues, uses, income, profits, and rights to possession; all oil, gas, gravel, rock, or other minerals of
<br />App #: 5073012; CIF #: 64456; Note #: 203 202EA Legal Doc. Date: April 15, 2011
<br />FORM 5011, Trust Deed and Assignment of Rents Page 1
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